Change in Drone Laws in Australia

The Civil Aviation Safety Authority (CASA) have announced Amendments to Part 101 to commence on 29 September 2016. CASA will be reducing the entry requirements for people wanting to fly a very small (under 2kg) remotely piloted aircraft (RPA) commercially. The change entails that operators of very small (under 2kg) drones will not require an operator’s certificate. The operators certificate from September 29 will be called an […]

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5 reasons why landlords should insist their residential tenants have contents insurance

Lately there has been a spate of house fires around Australia where the tenant has been uninsured. Having been doing claims for over 45 years now, I have witnessed countless times the devastating effect that not being insured has on someone. When landlords lease out their commercial premises it is standard practice to at least have the tenant hold public liability insurance. This is a […]

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Product Recalls – Week 37 2016

This week (17/09/16 – 23/09/16) the Product Safety Australia updates include recalls from the below: 22 SEP 2016 Stone & Wood Brewing Co — Stone & Wood Pacific Ale 22 SEP 2016 KTM Australia — Various 2017 KTM Motorcycles 22 SEP 2016 HQVA PTY LTD — Various 2017 Husqvarna Motorcycles 21 SEP 2016 Country Road — Indigo Elephant Crew Top 21 SEP 2016 Kawasaki Motors […]

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Blog question: Liability Under a Contract Works policy

I received this question and as I have had a few on this subject before I thought it time to post an article on the topic. The question was: Good Afternoon Allan Just wondering if you can clarify the following: I currently have a builder insured on  a Contract Works policy.  Due to the client wanting extra cover (Contract Works) and also due to the increase […]

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An email from a friend – “Sigh, it finally happened to me!”

The title of the email has significance to me. When I was working on “It Will Never Happen to Me! – the strategic management of crisis in business” I needed some help to finish it as I was stretched with my workload at the time. The daughter of a long standing friend, (the man that programmed v.1 of PolicyComparison.com) Caitlin Fry offered to help and she […]

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Building Replacement Value v Purchase Price

I received the following question from a broker: Hi Allan, I have been through your website to see if there is a reference I can use to provide to clients outlining the difference between Building Replacement Value and Purchase price and why you shouldn’t set the Purchase price as the Building Sum Insured. I’m fully aware of the difference and reason but I often have […]

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Warning – where parts are not available on a machinery break down policy

A broker contacted me concerned that the policy which one of his staff had arranged contained a restriction in a case where a piece of equipment has suffered a machinery breakdown and is unable to be repaired, as the parts are no longer available, and the policy limited the Insurers liability to the value of the parts if they were available. The client was expecting a replacement […]

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Saved a few dollars and lost the farm

The following is a sad tale that was reported in the Digital Age News (we can not call them newspapers any more). This sort of thing sickens me to the core. The moral of the story is that bad things happen to good people. I hear a lot of people say “I cannot afford insurance”. I say you cannot afford not to, as these farmers found […]

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A nice way to finish the week – feedback that should be achieved on every claim

Mel’s Dinner suffered a major loss and while the claim is not yet settled the Insured sent this email through to the lead adjuster who is helping them through the ordeal. The important thing for me are that the client feels supported in their hour of need while at the same time providing their entitlement, nothing more, nothing less , in a timely manner keeping them fully informed […]

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Product Recalls – Week 36 2016

This week (10/09/16 – 16/09/16) the Product Safety Australia updates include recalls from the below: 14 SEP 2016 Honda Australia Motorcycle and Power Equipment Pty Ltd — Honda NSS300 14 SEP 2016 Honda Australia Motorcycle and Power Equipment Pty Ltd — Honda PCX125 & PCX150 Top Box Mounting Kit (Base, Rear Carrier) 13 SEP 2016 Ford Motor Company of Australia Limited — PX and PX […]

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